Ondo U.S. Dollar Token priceUSDon

Ondo U.S. Dollar Token ($USDON) is a yield-generating dollar-note stablecoin created by Ondo Finance by bringing short-term U.S. Treasury bonds onto the blockchain. Originating from the integration of traditional government bonds and institutional-level compliance into DeFi, $USDON can be used to mint and redeem tokenized shares in global markets. Its highlights include hundreds of millions in TVL, institutional endorsements, the OKX Boost airdrop buzz, and community frenzy. Its popularity is expected to reach a new high, often with the ATH tag. But don't be fooled by the hype: there are still risks of peg and redemption, as well as regulatory/counterparty and smart contract vulnerabilities. It could become the cornerstone of RWA on-chain, but it could also lead to the fate of unwary investors being cut down.